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CSignum secures £6M to transform underwater wireless networks

L-R Mark Rhodes CTO, Richard Hopkins Board Member & Chairman, Jonathan Reeves CEO, Claire Cramm Investment Manager Par Equity, Dan McKiddie Investment Manager Archangels, Rob Soni, Board Member & Investor

Credit: CSignum

CSignum, the leading provider of wireless technology extending IoT communications beneath the surface, has completed a £6 million Series A funding round. The investment will accelerate growth of its EM-2 family of products which are transforming the way critical wireless sensor data is transmitted from submerged environments to networks above.

The funding round was led by Archangels, Par Equity, and Scottish Enterprise with additional investment from British Business Investment (BBI), Raptor Group, Deep Future, SeaAhead’s Blue Angel Network, and notable individual US investors.

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